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The merchant said approximately 36% in their fiscal 2014 net revenues were earned in international regions not in the U.S. It noted with its 10Q filing that for fiscal 2014 increased revenues in our wholesale business in the Americas and our retail businesses across each of our major geographies were partially offset by lower revenues in our wholesale businesses in Asia and europe, also net unfavorable currencyhttp://www.harrisfirmaz.com/
In terms of segments, wholesale sales increased 24% to $983 million in your fourth quarter, fueled by broad-based development in the Americas, including strong require for the accessories, the contribution coming from the newly transitioned Chaps mens sportswear operations, and double-digit improvement in Europe. Retail sales increased 5% to $845 million from $805 million driven by surge in international operations and global store expansion, including newly transitioned operations nationwide and Nz. Retail sales in the year were also driven by double-digit rise in e-commerce. Licensing revenues of $39 million within your fourth quarter was down 10% as mid-single-digit boost in licensing revenues for Ralph Lauren products was well over offset by lower revenues by way of the Chaps and New zealand and australiaRalph Lauren Australia
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The lowest than expected outlook dragged shares down as Ralph Lauren forecast revenue increase of 3%C5% for fiscal 1Q15, underneath the consensus estimate of 10% growth. It expects revenue growth of 6%C8% for whole of fiscal 2015. The management said upon the earnings call that your chosen key elements of concentrate fiscal 2015 include global retail development, infrastructure investments and increased promoting and advertising.Louis Vuitton Outlet UK
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